2012-11-08
2012-11-16
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on the table. the president says you know, you've got to repeal these tax cuts for the wealthy, john boehner says no, we're going to stunt growth in the economy if we do that. i think they all agree you have to extend tax cuts at least for the middle class, that's kind of the intersection of the diagram, if you will, where they do agree. the question that i have is there is a way to increase tax rates for the wealthy without just raising the rate to 39.6 from 35, is there a way to do that, say, through tax reform, where you cap deductions for the wealthiest taxpayers, and in effect they will pay a higher rate, but you won't call it a higher rate. so, is that a matter of semantics? >> he says the wealthiest to pay a little more in taxes. i didn't hear him use the number 35% or 39.6%. >> exactly. >> so if they eliminate a lot of deductions and say if you're making more than than amount of money, you're not going to be eligible for these deductions, these loopholes, these tax credits or whatever, is that an area where they can exrie myself. >> he's had a proposal exactly to that effect in the l

to extire. house speaker john boehner drawing this line in the sand. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it can pass the senate. >> white house correspondent brianna keilar is live from washington, d.c. for us this morning. brianna, speaker boehner seemed to be offering the president on olive branch earlier this week when he talked about the possibility of increasing revenue. but here he's taking a hard stance against tax increases. what does that say about the chances of a compromise? >> well, it may actually sound kind of like it's splitting hairs. but it's ally two different things where he's talking about increasing tax rates. he says he's not okay with that. but he would be maybe okay, maybe amenable to increasing revenue. to bringing in more tax dollars, because there is a difference. and what he's saying is part of a chorus of conciliatory language that we're hearing from democrats and republicans on the hill. listen to more of what john boehner said in that interview. >> -- talk about all kinds of things we may disagree

john boehner talking about the fact on the issue that has divided them on the fiscal cliff issue saying clearly that he does not want to raise taxes. he did say that maybe he would be for some kind of raising some kind of revenue. he didn't say what that means but talked about broad tax reform. on the other side of the capital. you saw right there the senate majority leader harry reid feeling like he has leverage here, it was a clear-cut issue, but also because of the mechanics of it. if nobody does anything, taxes will go up. so democrats realize that, they feel like they are probably right. democrats realize that. >> and there is motivation to do something. >> absolutely. >> there was a private conference call that boehner had with his caucus. what do you know about it? >> we were told this was a call where all house republicans were on it. he was sober and he tried to buck everyone up and said that s we are the last line of defense from an american that barack obama would design. he also had a clear message for rank and file. hold your fire. i need to have running room. i need to hav

steinhouser is following all the developments. >> you were just showing pictures of house speaker john boehner, the top republican in congress, and harry reid, the senate majority leader, he's the top democrat in congress. they came before our cameras yesterday in washington, john. they did talk about the election being a voice from the american voters for a call for compromise. and you heard both men talking about working together to fix the country's problems along with the president. but at the same time, you also heard both men laying down markers and both men disagreeing on whether whether it comes to the fiscal cliff the wealthy should be taxed. take a look at what they said. >> it won't solve the problem of our fiscal imbalance overnight. certainly won't do it in a lame duck session of congress. and it won't be solved simply by raising taxes or taking a plunge off the fiscal cliff. >> the vast majority of the american people rich, poor, everybody agrees that the rich, richest of the rich have to help a little bit. >> another disagreement, john boehner the house speaker talking about doi

find compromise? house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talki

speaker john boehner responded this afternoon. >> and for this to work, we need to plan for a serious process. focus on substance, not on the attic at it will require week of work rather than a weekend of photo op. it won't happen around a campfire at camp david or as much i'd like over 18 holes of golf. i think this is going to take time, but if we're all striving for a solution, i'm confident we can get one. >> chris van hollen, a member of the supercommittee on deficit reduction. he knows a lot. good to see you in person. >> it's great to be here. >> we're all running on fumes and now, we have to get on those fumes and solve this problem because the market is right. it is a crisis and it has to be dealt with. what i don't understand is, a little change in the senate, but -- why is it going to happen now. >> first of all, a lot of the republicans in congress have been focused primarily, maybe we can move beyond that objective. the second is the structure of the situation. the cliff creates big risks, also, opportunities. because not resolving the fiscal cliff will create problems fo

benefits stay or goes away. john boehner, the speaker of the house, says republicans will accept higher tax revenues but not higher taxes. huh? more when we come back. ♪ ♪ and the flowers and the trees all laugh when you walk by ♪ ♪ and the neighbors' kids... what does being true to yourself have to do with being healthy? everything. ♪ but you're not ♪ you're the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one... >>> the stakes couldn't be higher. if the united states goes over the fiscal cliff, taxes will rise for nearly 88% of americans next year. we're talking about an average increase of $3500 per household. at the same time, $100 billion in automatic across the board spending cuts will take effect, half in defense, half in non-defense, and a million jobs could be lost. unemployment will jump back to 9% next year and the u.s. economy could be plunged back into recession. avoiding the fiscal cliff will require compromise, something that's been in short supply in washington over the last few years. stephen moore joins me ag

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kumbaya tune. but when you got down to the next center, of course there was a but, you heard john boehner in particular, talking about the fact that on the issue that has divided them over the past year or so on this fiscal cliff issue, taxes, saying very clearly he does not want to raise taxes. but he also put out an olive branch, anderson, he said maybe he would be for some kind of -- raising some kind of revenue. he didn't say what that means but talked about broad tax reform as it relates to entitlement reform. on the other side of the capital. you saw right there the senate majority leader harry reid feeling like he has leverage here, it was a clear-cut issue, but also because of the mechanics of it. if nobody does anything, taxes for everybody will go up. so democrats realize that, they feel like they are probably right. >> and there's motivation to try to do something on that. >> exactly. >> there was a private conference call that boehner had with his caucus. what do you know about it? >> we were told this was a call where all house republicans were invited to this. he was very so

tax rates for the wealthy. that's something that house speaker john boehner doesn't seem to be buying. listen. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> without a budget compromise, drastic cuts amendmently kick in. that, of course, could send the economy spiraling back into a recession. white house correspondent brianna keilar is live for us this morning from washington. john boehner was the guy who said he didn't think a lame duck congress could do big things. what can be done in the next, what did i say, 53 days? >> well, maybe finding some sort of stopgap measure. some sort of framework on tax reform, soledad. i think that's the goal here. the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear yesterday when the cbo put out a report showing that if the country goes over the fiscal cliff you're looking at economic calamity. you're looking at unemployment ticking up, perhaps two points. you're lo

'm not going to do that. >> house speaker john boehner, likewise, struck a conciliatory tone drawing a hard line on tax hikes but saying everything is up for negotiation. >> well, clearly, the deficit is a drag on our economy and we can't continue to spend money that we don't have. i, i don't want to box myself in, yet alone box anybody else in. i think it's important for us to come to an agreement with the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. >>> staying with politics, there's still no call in the presidential election in florida where officials continue to sort through ballots and a bid to finalize the vote tallies. cnn has yet to project a winner but yet with 97% of precincts reporting president obama has a 64,000 vote lead over mitt romney. unofficial results must be submitted by noon today. when it comes to the national popular vote, the president's margin of vktry has now increased. he holds a 51% to 48% edge over go

at the end of the year unless congress acts. president obama and john boehner picked up where they left off in dueling public appearances where both sounded conciliatory but didn't seem to budge much. you must add to the president's to-do list one more thing. he needs a cia director after general david petraeus resigned, admitting to an extramarital affair. joining me now is new jersey democrat senator robert menendez. and in new york congressman peter king who is chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this leaves a big hole in military intelligence operations or can they carry on smoothly? >> well, mike morell who is the second in charge is an excellent individual, has the president's confidence and can carry on in the interim. obviously, general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. and i'm sure the president will now seek out a new cia director. but in the interim i believe the kgs can continue to f

obama and house speaker john boehner picked up where they left off in dualing public appearances where both sounded consillatory, but didn't seem to budge much. must add to the president's to do list one more thing. he needs a cia director after general david petraeus resigned admitting to an extramarital affair. joining me now is robert menendez, later chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this is -- leaves a big hole in military or intelligence operations or can they carry on smoothly? >> well, mike morrell, the second in charge, i think, is an excellent individual, has the president's confidence and can carry on in the interim. i don't feel general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. in the interim i believe the agency continued to function under mr. morrell. >> what kind of holes will this leave? >> i have questions about the whole matter. first of all -- excuse me -- how something about em

not include a tax increase for the wealthiest americans, suzanne. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everyby knowthat sething s to gone becauseh economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's a

with john boehner, the senate republican leader mitch mcconnell. is he planning on sitting down with those two republican leaders any time soon? is the white house saying? >> reporter: there's nothing announced for a leaders meeting so far. but i am certain, wolf, that that will be coming because there's such important negotiations ahead. i'm told that the president's conversation with speaker boehner was courteous, it was brief. and i'm told that they also discussed the importance of keeping their public statements vague or general enough so that they leave themselves enough private negotiating room to get a deal done to avoid the fiscal cliff, wolf. >> that's probably smart too. thanks very much for that, jessica. let's dig a little bit deeper right now with our chief political analyst gloria borger. isn't his responsibility right now though to take the first step, offer a proposal to boehner, to mcconnell, to the republicans? we assume that the democrats, nancy pelosi would go along and harry reid would go along with the president. >> well, i think as jessica's saying, the president bel

to be back where we started on the edge of a fiscal cliff. president obama and house speaker john boehner haven't budged. yesterday we heard of talk of olive branches and reaching across the aisle. but this evening speaker bonner said this to abc news. >> raising tax rates is unacceptable and frankly couldn't even pass the house. i'm not sure it can pass the senate. >> he could be right about that. he's talking about raising tax rates. jessica yellin reminded us today that the white house has vowed to veto any bill that doesn't extend the bush tax cuts for families making $250,000, less than $250 a year. he's been very explicit. tax rates will be raised for people who make more than that amount of money. so how did the president respond to john boehner's line in the sand? well we haven't heard from him since he returned to washington yesterday. we were told though by the white house this evening he'll make a statement on the fiscal cliff tomorrow but as far as what we know right now the administration says the president has already laid out his plan. it's a plan he says would cut the defi

and what benefits stay and what go away? john boehner, speaker of the house, says republicans will accept higher tax revenues but not higher taxes. huh? more when we come back. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announc

, john boehner, said quote, everything on the revenue side and on the sp spending side has to be looked at but when it comes to specifics he put the ball firmly in barack obama's court. >> i don't want to box myself in or anyone else in. i think it is important for us to come to an dpe agreement with the president but this is his opportunity to lead. >> here to sort what call of this must mean, we have all angles covered, including from the white house ahead of this daily briefing. we have jessica yellin, athena jones and ali velshi in new york. let me begin with you. we were watching the president walk in the east room. i noticed standing ovation. the energy in the room. the president pulled out his own pen saying yes, i'm ready to sign the bill flanked by marylandle class americans. when it comes to middle-clax tax cuts it sounds like the president is sticking to his guns. >> his terms are fairly stark. he's willing to negotiate on entitlements, medicare, medicaid. the white house democrats consider that a huge give the democratic party but what he is not willing to negotiate on is ra

obama is no john boehner. >> i spent my whole life chasing the american dream. >> reporter: with president obama it almost takes a still photo to capture the tears and then nostalgia gave way to kissing those tears goodbye. jeanne moos, cnn, new york. >> who cries from just one eye? can the man cry any way he wants to? all right. thanks for starting your morning with us. >> we've fought much more ahead on "cnn saturday morning." it starts right now.

're just going to do whatever the president wants. i think john boehner was very clear that everything is on the table with respect to revenue reductions -- revenue increases as well as spending reductions, but there are certain things that aren't. and i think what john boehner said is right, we should not be increasing tax rates on businesses in america. so i think you're going to look at it from the standpoint of can we tighten the tax code, limit deductions? there are things we can do to simplify the code that will result in more revenue because it will result in more growth. i think republicans absolutely should put those things on the table and revenue shercertainly should be part of the deal. >> some people are blaming you for mitt romney's failure, and i'll explain to you why. >> i wish i had such power here that i could be blamed for these things. >> allow me to elaborate. what they're saying is if he hadn't been pushed into fairly right wing quite extreme positions in his battle against the likes of you early this year for the public nominee race, then he wouldn't have gotten

with members of congress. we saw him already reach out by phone to john boehner, to mitch mcconnell, also to leadership in the democratic party. so we'll see if this promise of bipartisanship will last beyond just a couple of days. >> dan lothian for us this morning. thank you, dan. let's get right to john berman with a lack at some of the other stories making news today. good morning. >> good morning, soledad. cnn is projecting that ann kirkpatrick will return to congress. she barely beat republican challenger, jonathan payton. yet several house races are still up for grabs across the country this morning. in palm springs, california, republican mary bono mack, she's not giving up. she trailed democrat raul luis with all precincts reporting, but she says a large number of ballots have yet to be reported. mack's husband, connie mack, lost his bid in florida to bill nelson. in another tight race, alan west is not conceding defeat. he's demanding a partial recount in his re-election bid against democratic challenger patrick murphy. right now murphy has a very slim lead of less than 2,100 vo

alienated voters and cost romney the election. it's complicated. here's what house speaker john boehner said today in an interview with diane sawyer. >> is the tea party going to be by your side through this? >> we've got members from all different types of -- all walks of life, if you will. >> do you think they come back changed by this election? >> listen, i think this has been the most misreported story of my two years tenure. we don't have a tea party caucus to speak of in the house. all of us who were elected in 2010 were supported by the tea party. these are ordinary americans who have taken a more active role in our government. they want solutions. but we've all come a long way over the last two years, i think we all understand each other a lot better. >> joining me now, former white house press secretary ari fleischer, unpaid occasional communications advisor to the romney campaign. also van jones, former special advisor to the obama white house. a ari, what about that? is the tea party to blame for fielding some candidates who weren't ready for prime time, for some of the problems

speaker john boehner say they are willing to negotiate. but tax hikes are a sticking point. president obama will meet with congressional leaders on the issue next week. >>> and in florida, it is all over, but the vote count, as the state tries to finalize its tally of the presidential election. unofficial results are due to the secretary of state by noon today. cnn has yet to project a winner, but president obama enjoys a 60,000 vote lead over mitt romney. >>> happy birthday to all the men and women serving in the marines around the world. today marks the 237th anniversary for the u.s. marine corps. they were founded in 1775. now, to celebrate, some will have birthday cake, some will hold special ceremonies, others will raise money for charity. >>> in washington state, prosecutors are throwing out 175 marijuana possession cases, that's because on tuesday voters there passed a ballot initiative that legalizes pot, so prosecutors in two counties, including seattle, drop cases that would no longer be punishable under the new law. the law technically doesn't take effect, though, until nex

, a republican like john boehner? >> reporter: you know, we've been asking whether or not there will be a press conference happening any time soon. so far, no confirmation of that. lock back over history. former president bush had a press conference about two days after he was re-elected, former president bill clinton had a press conference about three days after he was re-elected. so if history is repeated here, we expect that the president would, indeed, have a press conference some time soon but the white house not confirming that yet. >> all right. dan lothian, reporting live from the white house. >>> in the wake of his re-election, we're learning of another milestone for president obama. he now holds the record for the most popular tweet ever. he took the title from none other than justin bieber. president obama posted this photo on twitter and facebook tuesday night when his victory was certain. now this image is the most retweeted and liked fophoto in social media history. more than 784,000 retweets on twitter and nearly 4 million likes on facebook. >>> voters in two states say yes to po

heard sort of the markers being laid down by the president and john boehner at the end of this week. we'll talk more about the fiscal cliff. don't go away because business leaders are concerned about the timing as well. america renewed the president's contract. will congress get the message? >> last september i sent congress a detailed jobs plan full of the kind of bipartisan ideas that would have put more americans back to work. >> of course that will did not make it through congress. who creates jobs next? a jobs plan from washington or is it the private sector snr ? so, what happens if i'm in an accident and need to get my car fixed? progressive makes it easy, because we give you choices. you can pick where to get your car fixed, we can cut you a check, or, at our service center, we take care of everything for you. [ relaxing music playing ] [ chuckles ] -whew, so many choices. -take your time. -the service center. -okay. giving you choices -- now, that's progressive. call or click today. . >>> president obama is now a job creator. the economy has made up every job lost on his watch,

there will be maneuver ra built between the president and john boehner. the president wants to make sure that rich people pay a little more in taxes. boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's the theory. there's some maneuverability. i suspect the pressure is so great that they will get some kind of a deal. it may not be a permanent deal but maybe enough to kick the ball down the road and study major tax reform over the next year. >> and so the congressional budget office came out with a report last week that seems to give the republicans some political cover here because it suggests that there will be no big harm to the economy if the wealthy 1% are taxed at a higher rate. that said, i would assume -- and you'll have to weigh in here tha, that loopholes are still highly in play. >> you have to add up what all of the math shows and if you -- forget about the middle class. for wealthy peopl

in taxes. i'm not going to do that. >> speaker john boehner, like wise, struck a tone and drawing a hard line saying everything is up for negotiation. >> clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in or anybody else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. the latest now on tuesday's election. the president's margin of victory has now increased. he now has a 51% edge over romney in the national popular vote. that is up from a tie that we saw on election night. but down in florida, they are still counting the ballots. officials have until noon today to submit unofficial results to the secretary of state. cnn has yet to project a winner there, but with 97% of precincts reporting, president obama has a lead over romney. the romney campaign has conceded the race in florida. and for

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. there are lots of ways, excuse the expression, to skin a cat. i thought john boehner was emphatic when he said they're willing to open it with the right framework. thing this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargaining, the so-called lame duck session of the continuation. but i think you can scrape together enough to avoid sigh kwenltd strain. remember, they have to come up with only about $100 bill to set that aside. between spending cuts and loophol loopholes, i think you have to raise that. >> onpodesta, does the magts work, though, which is if you close produkz for the wealthy people, can you raise enough revenue? >> i think that's the fund mental question. >> well, i thnk the -- you know, this baurng the really contentious issue in the campaign. i think the only way do that is to take enough of a bite out of the plan. >> thing what the republicans would argue, david, is that the big problem is tax hikes are here to say and spending cutting tend to fritter away. is there a way do it to put away super majority, which is to say if you no

and mr. obama to the white house, both the president and house speaker john boehner vowed to find some common ground. >> well, clearly the deficit is a drag in our economy and we can't continue to spend money that we don't have. i don't want p to box myself in. i don't want to box anybody else in. i think it's important for us to come to an agreement with the president but this is his opportunity to lead. >> i want to be clear, i'm not we hadd wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> joining us now is a man who knows all about bipartisanship and compromise. former senator george mitchell is joining us. you were majority leader from 1989 to '95 during a time when senators and house members were actually friends. and i mean those on opposite sides of the party. so do you think the president and the house speaker's words this go around really will lead to some compromise or has a new page been turned here? are you encouraged? >> i'm hopeful a

? >> they need to show how. i need to see them dancing, not fighting. i need to see exactly what john boehner, the speaker of the house, means by, we're open to additional revenues if, you know, we need to know what that's going to be. the they will be the classic washington horse trading start to begin but we haven't had that horse trade for a long time. that in of itself is progress. >> too busy campaigning. >> you and i have lots of segments ahead. that is specifically revenue, what that means. is it just taxes or what else can it be? >> closing loopholes. finding ways to get the economy to grow. lots of ways to grow revenue for you. >> no vacation for you, either. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why

congress. let's listen to john boehner. >> that can pass the congress. and with that, i'll be happy to answer some questions. [ inaudible question ] >> do you think when they start talking about some of these revenues -- [ inaudible question ]. [ inaudible question ] >> well, when the president and i have been able to come to an agreement, there has been no problem in getting it passed here in the house. >> you've outlined your goal of not having tax rates go up. you didn't lay out the deficit goal. the president talked about primary balance by 2017. what is the deficit goal that you have in mind? >> well, clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in. i don't want to box anybody else in. i think it's important for us to come to an agreement with the president. but this is his opportunity to lead. >> mr. speaker -- >> whoop, no. you violated the rules. >> what? >> disqualified. yes, sir. >> mr. speaker, the other day, you -- spoke of revenues. can you give us an idea oh where you're going with that, b

of ways, in that old expression, to skin a cat. i thought john boehner the other day was quite emphatic in saying we are open to new revenues under the right framework. dave gergen is absolutely correct. i think this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargain in the so-called lame duck session of the congress. but i think you can scrape together enough to avoid sequestration and avoid the fiscal cliff or fiscal slope. remember, they have to come up with only about $100 billion. i know that sounds weird. but $100 billion to set that aside. between spending cuts and perhaps some loophole closures i think they can raise it. but you can't confuse that with a long-term deal. >> john podesta, does the math work, though, which is if you close deductions for the wealthy people can you raise enough revenue? i think that's the fundamental question. >> well, i think the -- you know, this became a really contentious issue in the campaign. i think the only way to do that and to raise enough revenue is to actually take a big bite out of the middle

mcconnell, house speaker john boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all top choices. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things average democrats and republicans say they agree on, other, they loathe them. is there anything that should be untouchable? >> the problems are real, no easy way out. we've got to come up with at least $4 trillion of deficit reduction and that's not the maximum amount we need to do

'm from cincinnati, ohio, the queen city of ohio. and john boehner, as well. and we cincinnatiens as speaker boehner may say, is that we can get to the table and we can negotiate. he's already sent a signal that he wants to do that and i believe that president obama wants to do that, too. they both have an interest. the white house line is saying we don't have a deal here we're going to go into recession while boehner is saying business is telling him, hey, let's stop the bonds market from falling apart and make sure that we can pay our national debt. >> republican strategist oliver mcgee. let's hope for a kumbayah moment. richard socarides, thanks to you both this morning. >> thank you. >>> mystery surrounds a missing american journalist thought to be held hostage in syria. coming up, his parents' emotional appeal and why some say the clues found in a video that they just don't add up. there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it ra

to every debail of his plan. house speaker, john boehner, wants to keep all the bush tax cuts in place. he's starting to talk about closing up tax loopholes. conservative pundit and weekly standard editor bill kristol said it's time for republicans to come so some sort of compromise. >> conservative movement has to pull back, let people float new ideas, let's have a serious debate. don't scream and yell when one person says it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't understand why republicans don't take obama's offer? >> cnn's senior congressional correspondent dana bash is live for us in washington, d.c. what do you make of his comments? >> soledad, look, bill kristol is not an elected official. he doesn't get a vote. but he is a very influential gop voice here in washington. and around the country. and for him to tell republicans it wouldn't kill to them to agree to tax increases for millionaires. it's a big deal. and we heard some similar talk from republicans who do have a vote like senator bob corker. listen to thi

reported on this program last week, house sneaker john boehner used a post election conference call with rank and file republicans to plead for patience and running room with the president and did just win re-election, mandate or not. wolf? >> thanks very much. let's hope they work out a deal. the stakes enormous. >> there's quite a lot of nice talk and we're oh so far from cles to a deal quiet and continuing to follow it. >>> still ahead, neighbors heard a blast and thought it might be an earthquake. we'll have the latest on what caused a deadly explosion that damaged dozens of homes. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run

. and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of state should she be nominated.

that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense. that's a lot of what you are saying in public. the reality is that neither side has a really clear machine date or clear vote and no one wants to look at the end of the day like they never gave compromise a chance. listen to republican bob corker, though, because there does seem to be a little bit of a crack on the republican side on whether or not it's okay to raise some taxes. >> i think there is a deal. the ying and yang is we know there has to be revenues, and i think -- look, i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we so

this to be a juicy story as opposed to writing about white house budget negotiations with john boehner, particularly in the last 12 hours as we have learned about an fbi agent who was investigating the case initially who sent a shirtless photo of himself to one of the women involved and now these 30,000 e-mails, suspect e-mails between the general who had been commanding the war effort in afghanistan, general allen, and jill kelley, one of the women involved in this, which make me ask the question, when does he have time to run the war? >> right, right. i want to ask you, too, watching pictures of the white house in the briefing room and jay carney's going to step up to the podium, get a lot of questions, you can bet a lot on the scandal and the implications and this certainly has to be quite a distraction, to say the very least, the white house. how do they get on top of this? how do they get ahead of the story in some way? clearly they're not going to want the president to deal with these questions tomorrow at the press conference. >> well, it's inevitable, you can put money on it president obama

the house speaker, john boehner. he says he is willing to accept new revenue, but not from higher tax rates on wealthy americans, so where is the compromise here. what is the offering? >> well, exactly. i mean, that's what we were standing what we are several months back. both sides say they want to find common ground and both of them remain dug in over this big issue of taxes. they should have to share the burden of bringing down the dead, and let's listen more of what speaker boehner had to say in his speech yesterday. >>> certainly won't do in a lame-duck session of congress. it won't be solved simply by raising tacks or taking a plunge off the fiscal cliff. >> you mentioned they are open to new revenue, and it's very important where that revenue comes from, and it has to come from the right place. to him the right place is not raising taxes on higher earners, it's tax reform that would lower rates for everyone, and it's economic growth that would bring in more sales taxes and that sort of thing. >> harry reid says this is kicking it down the road, if you will. is there anything that's g

and problem solving. what did the white house make of john boehner saying that he haen the republicans, they're ready and willing for the president to take the lead, trying to head off the january tax increase plus the automatic military, the other spending cuts that the so-called fiscal cliff? >> reporter: look. everybody is expecting to head in to negotiations on this quickly. there's full plans here at white house for quick entrance to in to the discussions and the president has no plans, brooke, to give any kind of major speech, any kind of address on economic policy or on the fiscal cliff and their view that the president laid out his rigs for a grand bargain for the negotiations when they were talking about first the grand bargain back in the summer last year and then when congress was negotiating that super committee. but they're prepared to deal. you know? to create some sort of room for negotiation. one thing we know is that the white house said point-blank the president would veto any proposal to raise taxes or, sorry, that keeps the bush tax cuts for people making $25,000 or more.

after the election you had john boehner come in and say, look, we'll be willing to accept some revenue increases at some particular point. but like i said before, i think it's a reflection of how weak obama was two years ago, otherwise we wouldn't be in this situation. i think the republican party realizes that they were absolutely wiped out last week, they really do need to negotiate more. barack obama needs to stand his ground for once, he never has to run for reelection again and i do think we can get a conclusion that's not going to lead us to some horrible economic apocalypse. but that's only if the republicans negotiate and barack obama remains strong. >> okay. i'm going to ask both of you for your predictions. how long will it take lawmakers to come up with a deal? maria? >> i think it will take up until the middle of december. >> jason? >> yeah, and -- >> it'll be a christmas surprise for everybody. i think they're going to be until the last minute and they're going to leave at the absolute last minute. both sides will hold out to look tough. >> but i think -- >> a box of compr

was willing to sign on the dotted line to that compromise with john boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not sequestration. >> jonathan karl did an interview with paul ryan and what paul ryan said in this is essentially that, that the president doesn't have a mandate. karl said he won some 300 some electoral votes, every battleground state except for north carolina. does president obama have a mandate and, and he said no, i don't think so. because then nancy pelosi would be in charge of the house of representatives. and she's not. do you think that he's got a point? >> you know what has a mandate? solutions have a han date. this election was about

leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last week, nancy pelosi says she's staying. >> i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. >> reporter: flanked by dozens of her democratic female colleagues, pelosi clearly relished the chance to draw a stark contrast with house republicans. >> i'm so proud to stand here with you, my sisters. this is girls morning out. we must have the further empo r empowerment of women. this statement of the strength of women in the congress of the united states. >> reporter: the next congress will have a record 78 women serving in the house. 58 of them democrats, only 20

at this point is likely no because even the top republican in congress, house speaker john boehner yesterday threw cold water on it saying he doesn't think it's necessary and the top democrat in the senate says the same thing, and others, as well. i have to tell you something that just happened on capitol hill, and that is our senate producer ted barrett just ran into john mccain and asked about something that we're hearing from democrats, which is john mccain is calling for more information to congress, but he had a press conference yesterday instead of going to a closed briefing where administration officials were giving more information. well, ted barrett asked john mccain about that, and it was apparently an intense very angry exchange and mccain simply would not comment on it at all. >> so this is just getting uglier and uglier, at least more passionate, shall we say, dana bash. >> absolutely. >> thanks so much. >>> the gop republicans struggling with its party identity after losing the presidential election last tuesday and it's not just pundits trying to figure out why the republicans

republicans. listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there are hearings going on all over capitol hill and then probably will continue to be. they think it all should be streamlined into one committee, but, suzanne, using the term watergate, using the term coverup, saying what did he know, when did he know it, talking about the president, not exactly a way to get bipartisan support for something that, you know, democrats clearly don't want. it is absolutely -- you mentioned at the beginning, very, very tense, particularly between these two old rivals, john mccain and president obama. >> not the way to bite -- get the bipartisanship going. okay, dana.

that are relevant. because mitt romney's no longer relevant. go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this, ana navarro, livid at romney saying obama won because offered minorities "gifts." as if he didn't alienate hispanics enough wliel running. look in mirror, mitt. >> i'm very upset about the comments mitt romney made. it shows him having sour grapes. that's not a great exit for a man who just lost. you need to look at yourself, the campaign. go and look at the film. how did you run your campaign towards hispanic, african-americans? are you satisfied with what you did? does it correlate with the amount you got? also, it's frankly offensive. i can tell you as

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